CADJPY is seeing major resistance at 85.04 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud). If price closes above this major resistance level, that could be the start of a bullish exit that could rally all the way up to 2nd resistance at 85.82 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).
RSI (55) sees bullish divergence vs price signalling that a reversal could be impending
RSI (55) sees bullish divergence vs price signalling that a reversal could be impending
Come join us today at : www.easymarkets.com/